Investor sentiments continued to be in a risk-off mood after Iran widened its warnings to target buyers of US Treasury bonds, as the Trump administration's 48-hour ultimatum neared expiry
At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.
Anup Rau shared his views on FDI, insurance penetration, regulation, bancassurance, and the company's growth plans
In the past one month, the Nifty PSU Bank index has soared 12 per cent, as compared to 2.7 per cent decline in the Nifty 50.
Thus far in the current week, the PSU Bank index has rallied 5.7 per cent, as against 0.74 per cent gain in the Nifty 50.
Thus far in the month of February 2026, the Nifty PSU Bank index has rallied 5.5 per cent, as compared to 2 per cent rise in the benchmark Nifty 50.
In the past one month, the Nifty PSU Bank index has outperformed the market by surging 7 per cent, as against 0.5 per cent gain in the Nifty 50.
All the PSU Bank index constituents were trading lower, with Bank of India, Bank Maharashtra, Indian Bank, Bank of Baroda, and Union Bank of India falling in the range of 3 to 7 per cent
Here is the complete list of stocks that will remain in focus during today's trading session following their decision to reward their shareholders with dividends
State-owned Central Bank of India has posted a 32 per cent jump in profit at Rs 1,263 crore in the third quarter ended December 2025, aided by improvement in bad loans. The Mumbai-based bank had earned a net profit of Rs 959 crore in the same quarter a year ago. Total income increased to Rs 10,969 crore during the quarter under review against Rs 9,739 crore in the same period of last year, Central Bank of India said in a regulatory filing. The bank's interest income also rose to Rs 9,033 crore during the quarter, up from Rs 8,509 crore in the same period a year ago. However, the Net Interest Income (NII) marginally declined to Rs 3,502 crore, from Rs 3,540 crore of the corresponding period of the previous year. Similarly, the net interest margin (NIM) eased to 2.96 per cent, compared to 3.45 per cent at the end of the third quarter of the previous financial year. The bank's operating profit improved to Rs 2,293 crore, up from Rs 1,963 crore in December 2024. As regards asset qua
At 11:39 AM on Wednesday; the Nifty PSU Bank index was the top gainer among sectoral indices, up 1.8 per cent at 8,581.65, as compared to 0.5 per cent rise in the Nifty 50.
Nifty PSU Bank index hit a new high at 8,665.70, in Wednesday's intra-day trade, surpassing its previous high of 8,624.80 touched on Nov 20, 2025. The index has gained 4% in the past two trading days.
Bank of Baroda, Canara Bank, Bank of India, Union Bank of India, Uco Bank, Punjab & Sind Bank, Bank of Maharashtra, Indian Overseas Bank and Indian Bank were up in the range of 2-5% in Monday's trade.
PSU Bank stocks have outperformed in recent trading sessions amid reports of a likely hike in FII investment limit. Here are 5 stocks that look strong on technical charts.
State-owned Central Bank of India on Friday reported a 33 per cent growth in net profit to Rs 1,213 crore for the second quarter ended September 30. The bank had a net profit of Rs 913 crore in the July-September quarter of FY25. Total business grew by 14.43 per cent to over Rs 7.38 lakh crore from over Rs 6.45 lakh crore. Total deposits were up by 13.40 per cent to over Rs 4.44 lakh crore against Rs 3.92 lakh crore. Gross NPA stood at 3.01 per cent as of Q2 FY26, compared to 4.59 per cent in the year-ago period, registering an improvement of 158 basis points. Shares of Central Bank of India were trading at Rs 37.01 apiece, down 2.53 per cent over the previous close on the BSE.
Technical charts flag up to 22% downside risk for PSU bank shares such as Indian Overseas Bank, Uco Bank, Central Bank of India and Punjab & Sind Bank as government stake sale buzz looms.